Proposed Provision: C2.7. Increase the normal retirement age (NRA) and the earliest eligibility age (EEA) for those age 62 starting in 2017 by 3 months per year until EEA reaches 64 in 2024 and NRA reaches 69 in 2028.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2016 | 303 | 303 |
2017 | 293 | 293 |
2018 | 277 | 278 |
2019 | 262 | 263 |
2020 | 246 | 249 |
2021 | 231 | 236 |
2022 | 216 | 222 |
2023 | 200 | 207 |
2024 | 183 | 192 |
2025 | 165 | 177 |
2026 | 149 | 163 |
2027 | 132 | 149 |
2028 | 115 | 135 |
2029 | 98 | 121 |
2030 | 81 | 107 |
2031 | 64 | 93 |
2032 | 46 | 79 |
2033 | 27 | 65 |
2034 | 8 | 50 |
2035 | -11 | 36 |
2036 | -30 | 21 |
2037 | -50 | 5 |
2038 | -71 | -10 |
2039 | -91 | -26 |
2040 | -112 | -42 |
2041 | -133 | -58 |
2042 | -154 | -74 |
2043 | -176 | -90 |
2044 | -197 | -106 |
2045 | -218 | -122 |
2046 | -240 | -138 |
2047 | -262 | -153 |
2048 | -283 | -169 |
2049 | -305 | -185 |
2050 | -327 | -200 |
2051 | -349 | -216 |
2052 | -371 | -231 |
2053 | -393 | -247 |
2054 | -415 | -262 |
2055 | -437 | -278 |
2056 | -460 | -293 |
2057 | -482 | -309 |
2058 | -506 | -325 |
2059 | -529 | -342 |
2060 | -553 | -359 |
2061 | -578 | -376 |
2062 | -603 | -394 |
2063 | -628 | -412 |
2064 | -654 | -430 |
2065 | -680 | -449 |
2066 | -706 | -469 |
2067 | -733 | -488 |
2068 | -760 | -508 |
2069 | -788 | -529 |
2070 | -816 | -549 |
2071 | -845 | -571 |
2072 | -874 | -592 |
2073 | -905 | -615 |
2074 | -935 | -638 |
2075 | -967 | -661 |
2076 | -1000 | -685 |
2077 | -1033 | -710 |
2078 | -1068 | -735 |
2079 | -1102 | -762 |
2080 | -1138 | -788 |
2081 | -1173 | -815 |
2082 | -1208 | -841 |
2083 | -1243 | -868 |
2084 | -1279 | -895 |
2085 | -1314 | -921 |
2086 | -1349 | -948 |
2087 | -1384 | -975 |
2088 | -1419 | -1002 |
2089 | -1455 | -1029 |
2090 | -1491 | -1056 |
2091 | -1528 | -1084 |
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